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Bolivia > Pro Mujer Bolivia


Pro Mujer Bolivia is Pro Mujer’s flagship program, and the foundational model on which all the other country programs have been built. For 17 years the dedicated staff of Pro Mujer Bolivia has been providing poor women with financial and non-financial services to help them improve their lives.

FINANCIAL SERVICES

Pro Mujer offers loan capital for the women’s small-scale businesses and opportunities to save a portion of their profits through the communal bank structure. Bolivia is a very competitive environment for microfinance, and Pro Mujer has successfully carved out its niche as one that reaches the most marginalized women, typically migrants from the rural areas to the poor neighborhoods surrounding major cities such as La Paz. These women bring their skills and strong convictions to provide for their families, but very few are able to access the formal financial institutions, even the specialized regulated institutions. For these women, credit alone does not serve their needs. Pro Mujer provides an alternative delivery system for its credit services, the group oriented communal banks which appeals to women traditionally accustomed to working in community groups. Secondly, Pro Mujer offers integrated credit and training services which few other organizations offer.

Already operating in four departments, in 2002, Pro Mujer opened two new regional centers: one in Potosí, and the other in Santa Cruz. There are great expectations, especially in Santa Cruz, because it is a growing market where communal banks represent a new option for women who don’t have access to credit. To guarantee their success, Pro Mujer Bolivia selected experienced personnel from other regional centers and local personnel from the area. In 2003 Pro Mujer Bolivia expects to bring its services into the states of Beni and Pando, isolated areas where the need for credit is substantial. The few institutions that have been able to operate in those distant areas do not reach Pro Mujer’s target population.

Due to women’s living conditions in those regions, non-financial services will have an excellent acceptance and provide the value added difference that will distinguish them from other purely financial institutions.

NON-FINANCIAL SERVICES

Business Training

Pro Mujer’s Business Development Center has educated more than 20,000 clients on the principles of small business development. The curriculum consists of several training modules and suggested action plans for business startups. The center also provides individualized assistance to clients who are already business owners, to help them improve their businesses.

HEALTH AND PERSONAL DEVELOPMENT SERVICES

Pro Mujer’s services focus mainly on health and personal development education, but more recently Pro Mujer has begun offering legal education and support, making women aware of their rights and know how to get help if needed, in cases of domestic violence for example. In 2002, the Health and Personal Development services provided information on sexual and reproductive health to more than 8,000 clients, surpassing its goals by 20%. The service also includes basic primary care and administered PAP tests for early cancer detection as well as STIs. Over 4,000 children were treated for respiratory infections and diarrhea, and more than 1,600 children received the required vaccinations.

Computer Center

Pro Mujer Bolivia's pioneering computer center for our clients' children opened in December 2000. The center was established with funds from the Nuestro Futuro Foundation sponsored by Peter Hagedorn and Miriam Trahan. The center currently serves more than 1500 children and teenagers who receive basic literacy, word processing and spread sheet analysis.


Kiva Help Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jul 17, 2007 Oct 12, 2005
Total Loans $1,361,350 $101,929,710
Amount of Raised Inactive Loans $0 $111,475
Number Of Raised Inactive Loans 0 164
Amount of Paying Back Loans $530,675 $44,703,125
Number Of Paying Back Loans 173 63,327
Amount of Ended Loans $830,675 $57,115,110
Number Of Ended Loans 333 83,635
Delinquency Rate 0.00% 4.28%
Amount of Paying Back Loans Delinquent $0 $1,913,000
Amount of Paying Back Loans $530,675 $44,703,125
Number of Paying Back Loans Delinquent 0 6,018
Default Rate 0.00% 1.96%
Amount of Ended Loans Defaulted $0 $1,119,957
Amount of Ended Loans $830,675 $57,115,110
Number Of Ended Loans Defaulted 0 3,369
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $0
Refund Rate 0.83% 1.09%
Amount of Refunded Loans $11,250 $1,112,375
Number Of Refunded Loans 5 1,446
Updated as of November 21, 2009 1:14 AM

Kiva Help Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Entrepreneurs 98.60% 78.21%
Average Loan Size $268 $403
Average Individual Loan Size $759 $591
Average Group Loan Size $3,351 $1,494
Average Number Of Entrepreneurs Per Group 13.2 0
Average GDP Per Capita (PPP) in Local Country $2,817 $3,465
Average Loan Size / GDP Per Capita (PPP) 95.51% 11.64%
Average Time To Fund A Loan 9.04 days 2.27 days
Average Dollars Raised Per Day Per Loan $29.61 $177.73
  Average Loan Term 5.44 months 9.31 months
Updated as of November 21, 2009 1:14 AM

Kiva Help Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 75 51642
Journal Coverage 14.60% 28.22%
Journal Coverage, Kiva Fellows 0.00% 0.21%
  Journal Frequency (Average Per Loan Per Year) 0.14 0.32
  Average Number Of Recommendations Per Journal 4.89 10.30
Updated as of November 21, 2009 1:14 AM

Kiva Help Borrowing Cost Comparison

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) 30% 40% 35.21%
  Average Loan Size (% of Per Capita Income) 19% 18% 23.43%
  Average Partner Return On Assets 6% 8% 0.24%

Field Partner Staff

Hugo Bellott
Gabriela Calderon
César Castillo
Cinthia Jaliri Salguero
Maria Nela Choquehuanca
Lynne Patterson
Mauricio Rodriguez
Vivianne Romero
Claudia Escobar Valdez
Carmen Velasco

Kiva Help Country Fast Facts

Country: Bolivia
Capital: La Paz (government), Sucre (Legal)
Official Language: Spanish, Quechua, Aymara
Population: 8,857,870
Avg Annual Income: $2,817
Labor Force: No reliable data available on labor force by occupation. By sector, the labor force is: agriculture: 12.8% industry: 36.1% services: 51.2%
Population Below Poverty Line: 64%
Literacy Rate: 87.2%
Infant Mortality Rate (per 1000): 51.77 deaths deaths
Life Expectancy: 65.84 years
Currency: Bolivia Bolivianos
Exchange Rate: 6.9700 BOB = 1 USD